NanoMarkets, LC Releases New White Paper on Nanotechnology Trends

Jul 27, 2004

NanoMarkets, LC, a leading nanotechnology industry market research and analysis firm, today announced the release of a new white paper titled, "Why Nano Now?" The paper pinpoints key trends within energy, pervasive computing and healthcare that are creating an opportunity for nanotech-based solutions. The paper goes on to discuss how and why nanotechnology is uniquely positioned to provide solutions to real world problems. The paper can be accessed from the firm's website at http://www.nanomarkets.net/.

Synopsis:

According to NanoMarkets, an analysis of key trends in several major industries points to a growing market for several specific types of "nano products." This analysis suggests that in some areas it is unlikely that anything less than a nanotech-based solution will do.

In the case of today's mobile communications -- and by extension, future pervasive computing environments -- radical new materials technologies are necessary to support the next evolution in computing. Moore's Law has already pushed conventional CMOS technology to its limits, and nanotech seems to be the only solution available to provide low-cost, non-volatile memory solutions, as well as high-definition, low-power-consumption microdisplays.

With respect to energy, as national economic and political interests are impacted by rising costs, nanotech promises to bring about new levels of efficiency for fossil fuel sources through nanoscale catalysts and filters. Nanotechnology also holds out the prospects of making fuel cells and photovoltaics more cost effective alternatives to fossil fuel energy.

At a time when expenditures on healthcare are escalating and the baby boomers will soon be entering their sixties, nanotechnology offers major improvements not only through the pharmaceutical industry developing new drugs but also in the creation of more efficient drug delivery systems, new diagnostic tools, and prosthetics.

One other point that the paper makes is that while semiconductors grew to become a huge industry, it was their evolutionary process that also created or drove the growth of related multibillion dollar industries as well companies such as Microsoft, Intel and Cisco. Nanotechnology itself may never become a huge industry in the classical sense but it could very well have an impact on the commercial world much like that of the semiconductor industry.

Source: NanoMarkets, LC

Explore further: Natural nanocrystals shown to strengthen concrete

Related Stories

From massive supercomputers come tiniest transistors

Mar 04, 2015

A relentless global effort to shrink transistors has made computers continually faster, cheaper and smaller over the last 40 years. This effort has enabled chipmakers to double the number of transistors on ...

Rapid test kit detects dengue antibodies from saliva

Jan 29, 2015

Finding out whether you have been infected with dengue may soon be as easy as spitting into a rapid test kit. The Institute of Bioengineering and Nanotechnology (IBN) of A*STAR has developed a paper-based ...

Recommended for you

Natural nanocrystals shown to strengthen concrete

14 hours ago

Cellulose nanocrystals derived from industrial byproducts have been shown to increase the strength of concrete, representing a potential renewable additive to improve the ubiquitous construction material.

From tobacco to cyberwood

Mar 30, 2015

Swiss scientists from ETH Zurich have developed a thermometer that is at least 100 times more sensitive than previous temperature sensors. It consists of a bio-synthetic hybrid material of tobacco cells and nanotubes.

Scientists convert microbubbles to nanoparticles

Mar 30, 2015

Biomedical researchers led by Dr. Gang Zheng at Princess Margaret Cancer Centre have successfully converted microbubble technology already used in diagnostic imaging into nanoparticles that stay trapped in tumours to potentially ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.